Woodend (postcode 3442) is a moderately sized suburb in Victoria within the Macedon Ranges local government area. The area has roughly 6,732 residents and a settled, mature resident base, with a median age of 45. Households earn a median income of $109K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Irish.
Median house prices in Woodend stand at $868,000, having dropped significantly by 10.1% over the last twelve months. Units have a median price of $604,000 (-3.2% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,000.
Woodend is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1107, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 1 bus stop. The crime rate in the Macedon Ranges LGA is moderate at 5,037 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.5% (moderate yield). Property prices are near the state median ($868K/$850K). The price-to-income ratio of 7.9x is considered moderate. House prices have moved -10.1% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.